Ranking of the best masters in finance 2023 according to QS

The QS site has revealed its ranking of the best masters in finance in the world for the year 2023. Like the QS ranking of the best Masters in Management, France is once again at the top of the list. Back on this vintage 2023.

France and the UK seem to be the world leaders in finance education. Indeed, in the top 25 of QS’s ranking of the best masters in finance, six courses are offered by business schools in France and across the Channel! The United States are less represented, but nevertheless position three teams in the top 10.

Methodology of the QS 2023 ranking of the best masters in finance

The QS Business Masters site highlights the best masters in finance in the world. To do this, data from 3 surveys were collected:

QS Global Employer Survey
QS Global Academic Survey
Survey carried out by the schools themselves.

In order to be included in the QS Business Masters ranking, the program must meet several requirements, the teaching must be carried out on campus, full-time and have an average class size of minimum 15 students. Finally, schools must be accredited by AACSB, AMBA or EFMD.

13 criteria are taken into account, to form five indicators on which the programs have been classified:

Employability of graduates – 35%
The alumni career – 15%
The return on investment of the programs – 20%
Academic quality of training – 20%
Diversity of promotions and faculty – 10%

QS 2023 ranking of the best masters in finance: the schools that offer the best ROI

Masters in finance allow students to claim interesting job prospects, however the cost of access to these courses is for some very high. However, the salaries at the end of studies make it easy to reimburse tuition fees. In order to calculate the return on investment of the best masters in finance from global business schools, QS looks back on the 10 years following graduation. This allows them to compare salary, job prospects, not to mention the cost of tuition fees and the cost of student life.

France is a good student in this area. As proof, in the top 5, three business schools are French. Thus in joint first place, with a score of 100/100 for the three schools, are ESCP, HEC Paris and EU Business school. These establishments are closely followed by ESSEC (99.7) and Oxford (99.1).

Academic quality: what are the best masters in finance in the world?

Like the ranking of the best Masters in Management, QS did not give the score of 100/100 to any school for the ranking of the best masters in finance. However, European establishments stand out from the others. Indeed, out of the top 10 in this field, 7 business schools are European.

Cock-a-doodle Doo ! Pole position goes to a French school. HEC Paris climbed to the top of the podium with a score of 99.1/100. London School of Economics and UCLA close the podium with a respective score of 95.4/100 and 95/100. Following the top 10 best masters in finance by academic quality, according to the QS rankings, is made up of Warwick Business School (94.6), MIT (94.1), UC Berkeley (93.9) , Oxford (93.8), London Business School (93.5). And, finally, Bocconi University and Cambridge which are tied with a score of 93.2.

Diversity in Finance Schools: The World’s Best Masters in Finance

Diversity is an important concern of the Grandes Écoles. In France, many of them have begun to adopt systems allowing scholarship students to integrate their promotions. As proof, in terms of diversity, the top 10 masters in finance is made up of 5 French schools. However, it is not a school in France that monopolizes the first place.

Pole position goes to the EU Business School, with a score of 97.4. Montpellier Business School is just behind thanks to its score of 95.9/100. Finally, to close the podium, we find ICN Business School (93). For the rest of the top 10, the QS ranking is made up of University of Edinburgh Business School (92.9), Excelia Business School (92.8), Warwick Business School (92.2), IESEG (90.2), SKEMA (88.8), Bath School of Management (87.5), finally the 10th place goes to UQ Business School with a score of 87.4.

Ranking of the best masters in finance in 2023: the three best business schools in the world

From now on, let’s discover the podium of the ranking of the best masters in finance 2023 produced by the QS site! The top 3 starts with London Business School, a school used to podiums. His total score is 95.1/100. It stands out in particular in terms of the employability of its students (99.4) and the careers of its graduates, a category for which it obtains a score of 99.9.

In second place is Oxford with an overall score of 96.4. Like London Business School, its strong points are the employability of its students and the alumni career where it obtains, for these two categories, the mark of 100/100.

Finally, which business school offers the best master’s in finance? As you can imagine, it’s HEC Paris once again! A school used to being at the top of the list of the best business schools. The Master in Finance obtained a total score of 96.5. Its two main assets are the return on investment and the alumni career. For these two categories, the school obtains the mark of 100/100. The academic value of his training obtained a score of 99.1 and employability 98.4. The only downside is the diversity score of 71.7.

The ranking of the best masters in finance 2023 of QS: top 50

Rank	School	Total score
1	HEC PARIS	96.5
2	Oxford	96.4
3	London Business School	95.1
4	MIT	94.4
5	UCLA	91.5
6	Cambridge	91.4
7	ESSEC	91.1
7	UC Berkeley	91.1
9	London school of economics	89.6
10	Bocconi University	86.2
11	IE Business School	85.8
12	Copenhagen Business School	84.4
13	Imperial College Business School	83.3
14	ESCP	82.5
15	ESADE Business School	82.4
16	WU Vienna University	81.3
17	EMlyon	81.1
18	Toronto	80.9
19	McGill	78.4
20	Peking University HSBC Business School	77.6
21	Warwick Business School	77.1
22	University of St Gallen	76.4
23	EDHEC	76
24	WHU	75.5
25	SKEMA	73.7
26	ERASMUS	73.5
27	Manchester	72.7
28	University of Edinburgh Business School	71.6
29	USC	71.3
30	TEXAS	70.3
31	Florida	66.7
32	Trinity College Dublin	66
33	Boston	65.1
34	HKUST	64.6
35	UCD	63.7
36	Macquarie Business School, Macquarie University	63.3
37	Vlerick Business School	62.8
38	UQ Business School	62.7
39	BI Norwegian Business School	62.5
40	georgetown	62.4
41	Novaschool of Business	62.3
42	EGADE Business School	62
43	Antwerp Management School	61.6
44	Maryland	60.7
45	Solvay	60.6
46	Georgia Tech	60
47	Cranfield School of Management	59.3
48	Frankfurt School of Finance & Management	58.8
49	audencia	58.1
49	CUHK Business School	58.1

Find the full ranking on QS website!

The ranking of the best masters in finance in France according to QS

Rank France	Rank World	School	Total score
1	1	HEC Paris	96.5
2	7	ESSEC	91.1
3	14	ESCP	82.5
4	17	Emlyon	81.1
5	23	EDHEC	76
6	25	SKEMA	73.7
7	49	audencia	58.1
8	51	IESEG	57.8
9	61	Grenoble School of Management	56
10	72	KEDGE	53.6
11	73	NEOMA	53
12	98	Excelia	48.9
13	101-110	ICN Business School*	X
14	141-150	Montpellier Business School*	X
15	141-150	Rennes School of Business*	X

*Schools with an asterisk are only listed alphabetically within their score bracket. The rating is missing because they did not score in all categories analyzed by QS.